Aegon accepts Dutch backing

Aegon is reassuring UK customers about the strength of the group, despite taking a EUR3bn (£2.4bn) investment from the Dutch government to shore up its finances. On 9 October, the Dutch government announced £15.9bn of capital available to fundamentally sound financial sector companies. Alex Wynaendts, chief executive officer said the agreement would, "strengthen Aegon's position during this period of uncertainty and unprecedented economic turmoil. There can be no doubt whatsoever about Aegon's ability to fulfil its long-term obligations." Market conditions forced Aegon to accelerate mea...